People

Mercantil Commercebank promoted Paulo Garcia to vice president, commercial real estate lender.

If you’re a flaming liberal in Congress you view the Ed DeMarco-principal-reduction controversy as follows: Fire that Republican now!

Arbor Commercial Mortgage promoted Matthew Nihan to originator in the company’s New York office.

American Mortgage Network is staffing up on wholesale management talent with three new senior hires.

Reading the tea leaves of Jamie Dimon's periodic executive shakeups can be a tricky business, but on Friday Matt Zames became one of the stronger shapes to emerge from JPMorgan Chase's latest shuffle.

John Magness, president of Old Republic Title’s Central Title Group, was elected executive vice president of the Old Republic National Title Insurance Co.

If the CFPB makes brokering impossible, how many brokerage shops can afford to convert into a mortgage banking firm? The capital requirement is currently $2.5 million, while rumors persist that it may be hiked to $3.5 million over the next few years. The net worth requirement is set by Fannie Mae, Freddie Mac, and GNMA/FHA…

Gateway Mortgage Group, is looking to move into new markets by creating strategic partnerships with homebuilders and Realtors. It is also looking to expand on a traditional retail basis into Florida. And it has hired David Robinson to oversee both prongs.

Gordon Smith, who was just named co-CEO of consumer and community banking at JPMorgan Chase & Co., will assume responsibility for the megabank’s mortgage banking operations in early 2013.

Stewart Title Co. appointed Lisa Dwiggins as title manager of Stewart Title of Arkansas.